1ST UNIVERSITY CREDIT UNION (EIN 741473230) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

Kevin Hood

Phone

2547522797

Tax Period

2024-01-01 to 2024-12-31

1ST UNIVERSITY CREDIT UNION, founded in 1956, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

1st University Credit Union is a Cooperative Thrift institution and is a member of the National Credit Union Administration.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,394,064

Investment Income $49,371

Other Revenue $0

TOTAL REVENUE $1,443,435

Expense Breakdown

Grants Paid $0

Salaries & Benefits $640,214

Fundraising Expenses $0

Program Expenses $0

Other Expenses $771,991

TOTAL EXPENSES $1,412,205

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,443,435	$1,574,767	-0.1%
Expenses	$1,412,205	$1,554,487	-0.1%
Net Income	$31,230	$20,280	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$115,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Hood	President/CEO	40	Key Emp Highest	$115,000	$0	$115,000
Adonna Cook	Director	1	Director	$0	$0	$0
Stan Denman	Director	1	Director	$0	$0	$0
Pearl Beverly	Director	1	Director	$0	$0	$0
Jorge Vielledent	Treasurer	1	Officer Director	$0	$0	$0
Elizabeth Wallace	Director	1	Director	$0	$0	$0
Randy Wood	Chairman	1	Officer	$0	$0	$0
Kevin Robinson	Vice-Chairman	1	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,443,435	$1,412,205	$17,584,588	$31,230
2023	$1,574,767	$1,554,487	$19,538,513	$20,280
2022	$1,282,500	$1,182,536	$17,195,786	$99,964
2021	$1,186,434	$1,143,223	$13,835,457	$43,211
2020	$1,097,809	$1,058,703	$12,882,112	$39,106
2019	$990,953	$954,351	$11,332,896	$36,602
2018	$1,036,853	$988,683	$12,028,788	$48,170

1ST UNIVERSITY CREDIT UNION